Realtor, serving Geist

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This Month in Real Estate.

The September 2015 market update shows another high for existing home sales. The July year-over-year growth hit double digits.

Nationally, inventory remains tight as the increased pace of sales continues to exceed the pace of the number of homes entering the housing market for sale. In July, year-over-year price increases slowed in pace.

Mortgage rates were affected by turmoil in global markets; causing the Federal Reserve to reevaluate the timing of interest rate increases for the balance of the year.